This 30-minute BTC/USD chart highlights a strategic bullish breakout following multiple consolidation phases and break-of-structure (BIOS) confirmations. After bottoming out near $100,500, Bitcoin broke above the descending triangle and Ichimoku cloud resistance, signaling a potential trend reversal. The price is now approaching Target 1 near $103,000, with the final bullish target set around $104,886.
🔍 Structure & Zones Overview
1. Sideways Accumulation & Ranges:
Multiple consolidation boxes (gray and red) show Bitcoin trading sideways before each breakout or drop.
The market alternates between range highs and lows, setting up for either rejections or breakouts.
2. Break of Structure (BIOS):
Two key BIOS labels indicate bullish breakouts from the established range lows.
These suggest demand zones where buyers stepped in aggressively.
3. Key Support & Resistance Levels:
Support: ~$100,550 and ~$100,850 are acting as current short-term floors.
Resistance: ~$102,800 (Target 1) and ~$104,886 (Final Target) are overhead zones to watch.
---
📈 Pattern & Momentum Shift
Falling Wedge / Descending Triangle (Red Triangle):
Clear breakout to the upside from a descending pattern.
This breakout aligns with the BIOS, indicating a strong reversal signal.
Ichimoku Cloud Breakout:
Price has broken above the Ichimoku cloud, reinforcing a short-term bullish bias.
Suggests buyers are in control for now.
---
🎯 Target Projections
Target 1 (~$103,000):
Minor resistance zone based on prior structure highs.
This is the first area where partial profit-taking might occur.
Final Target (~$104,886):
Stronger resistance from a previous major top.
A clean break above Target 1 increases probability of reaching this level.
---
⚠ Risk Factors & Invalidations
Invalidation below ~$100,550:
If the price dips and closes below this low, bullish structure breaks, and the setup becomes invalid.
Cloud re-entry:
If price re-enters the Ichimoku cloud from above, it may indicate loss of momentum.
---
📊 Conclusion
This chart outlines a well-structured bullish setup on BTC/USD with solid technical confluence:
Breakout from consolidation and descending pattern
Ichimoku cloud flip
BIOS confirmation
🔍 Structure & Zones Overview
1. Sideways Accumulation & Ranges:
Multiple consolidation boxes (gray and red) show Bitcoin trading sideways before each breakout or drop.
The market alternates between range highs and lows, setting up for either rejections or breakouts.
2. Break of Structure (BIOS):
Two key BIOS labels indicate bullish breakouts from the established range lows.
These suggest demand zones where buyers stepped in aggressively.
3. Key Support & Resistance Levels:
Support: ~$100,550 and ~$100,850 are acting as current short-term floors.
Resistance: ~$102,800 (Target 1) and ~$104,886 (Final Target) are overhead zones to watch.
---
📈 Pattern & Momentum Shift
Falling Wedge / Descending Triangle (Red Triangle):
Clear breakout to the upside from a descending pattern.
This breakout aligns with the BIOS, indicating a strong reversal signal.
Ichimoku Cloud Breakout:
Price has broken above the Ichimoku cloud, reinforcing a short-term bullish bias.
Suggests buyers are in control for now.
---
🎯 Target Projections
Target 1 (~$103,000):
Minor resistance zone based on prior structure highs.
This is the first area where partial profit-taking might occur.
Final Target (~$104,886):
Stronger resistance from a previous major top.
A clean break above Target 1 increases probability of reaching this level.
---
⚠ Risk Factors & Invalidations
Invalidation below ~$100,550:
If the price dips and closes below this low, bullish structure breaks, and the setup becomes invalid.
Cloud re-entry:
If price re-enters the Ichimoku cloud from above, it may indicate loss of momentum.
---
📊 Conclusion
This chart outlines a well-structured bullish setup on BTC/USD with solid technical confluence:
Breakout from consolidation and descending pattern
Ichimoku cloud flip
BIOS confirmation
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FREE FREE JOIN TELEGRAM FREE
🔗t.me/+ua3k8HySt11hNmU0
☑️ALL PAIRS SIGNALS
☑️XAUUSD AND CRYPTO SIGNALS
☑️DAILY 3-4 SIGNALS PROVIDE
🔗t.me/+ua3k8HySt11hNmU0
☑️ALL PAIRS SIGNALS
☑️XAUUSD AND CRYPTO SIGNALS
☑️DAILY 3-4 SIGNALS PROVIDE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.